Want to join the conversation?
Travel and leisure company $CCL said it has signed a memo of agreement with Italian shipbuilder Fincantieri to build 4 new cruise ships with final contracts expected to be executed in 2016. Two of four new ships will be built for Costa Asia for deployment in China, and one will be built each for P&O Cruises Australia and Princess Cruises.
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.
$C gets hit with a $25 million fine for spoofing charges. Interesting! This is the first time a bank has been hit with such charges.
Your favorite snack maker $MDLZ is selling its Vegemite brand to Bega Cheese. Don’t worry though, Oreo will stay, in fact the move was made to focus on Oreo and Cadbury. On a side note, tell your mate in Australia because Bega Cheese is a worth buy there now.
We all know oil is the buzzword in recent times. But if you did not know $RRC has as much as 40% upside in this year, do take a look. Don’t let the recent news about increased US oil production scare you, the rally isn't over!